What is the rate of interest at which Rs.150 becomes Rs. 220 in 10 years. MATH / By admin A 11/3% B 14/3% C12% D14% Answer Detail No Details comments (0)
How long will it take for a sum of money to grow from Rs.1250 to Rs.10,000, if it is invested at 12.5% p.a simple interest? MATH / By admin A 65 years B 56 years C 45 years D 57 years Answer Detail No Details comments (0)
You deposit $600 into a 6 month certificate of deposit. After 6 months the balance is $618. Find the simple annual interest rate MATH / By admin A6% B5% C7% D8% Answer Detail No Details comments (0)
A man invests a certain sum of money at 6% per annum simple interest and another sum at 7% per annum simple interest. His income from interest after 2 years was Rs. 354. One-forth of the first sum is equal to one-fifth of the second sum. The total sum invested was : MATH / By admin A Rs.3100 B Rs.2700 C Rs.2200 D Rs.1800 Answer Detail No Details comments (0)
A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched Rs. 60 more. The sum is: MATH / By admin A Rs.750 B Rs.700 C Rs.940 D Rs.820 Answer Detail No Details comments (0)
Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much ? MATH / By admin A Rs. 992 B Rs. 1112 C Rs. 1056 D Rs. 1182 Answer Detail No Details comments (0)
A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of: MATH / By admin A0% B5% C7.50% D10% Answer Detail No Details comments (0)
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:_________? MATH / By admin A12% B13% C15% D14% Answer Detail No Details comments (0)
A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay? MATH / By admin A Rs. 9025.20 B Rs. 9200 C Rs. 9600 D Rs. 9560 Answer Detail No Details comments (0)
A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer? MATH / By admin A Rs. 12,000 in cash B Rs. 12,880 at credit C Both are equally good D Rs. 18.33 Answer Detail No Details comments (0)